Richard Branson's Virgin Orbit is shutting down less than two months after the satellite launch start-up filed for Chapter 11 bankruptcy protection, according to a Tuesday company announcement.
Space Exploration
May 24, 2023
0
3
Alarmed by damage caused by a major oil spill off the Huntington Beach coast in October, an Orange County legislator on Wednesday introduced a bill to end offshore oil production from rigs in California-controlled waters ...
Environment
Feb 10, 2022
0
10
California's largest energy utility firm will bury 10,000 miles of power lines in a massive bid to prevent its equipment igniting more deadly wildfires, its CEO said Wednesday.
Environment
Jul 22, 2021
0
7
American drug maker Insys announced on Monday it was filing for bankruptcy and will sell its assets as it faces legal and financial fallout from its role in the opioid crisis.
Business
Jun 10, 2019
1
6
A high-stakes legal drama featuring cryptocurrencies has been unfolding in a Canadian court recently.
Internet
Mar 4, 2019
1
10
A Canadian cryptocurrency exchange was granted bankruptcy protection on Monday after its president took passwords for accounts containing Can$180 million ($137 million US) to his grave when he died suddenly.
Internet
Feb 5, 2019
0
19
Toshiba's long meandering sale of its computer memory business took another turn Wednesday, as the Japanese nuclear and electronics company's announcement of a deal with a consortium was immediately met with opposition from ...
Business
Sep 13, 2017
0
2
Gawker Media is filing for Chapter 11 bankruptcy protection and putting itself up for sale, strained by a jury's verdict that that it must pay $140 million to pro wrestler Hulk Hogan in an invasion-of-privacy lawsuit.
Business
Jun 10, 2016
0
7
If a firm faces troubled times during a stable market, strong advertising can carry it through. But when the market is turbulent, a firm's Research and Development is more likely to help save it from bankruptcy. A new study ...
Economics & Business
Jun 19, 2015
0
34
TiVo said Friday that it has received bankruptcy court approval to buy some assets of Aereo, an online startup that offered a cheaper alternative to cable TV.
Business
Mar 13, 2015
0
16
